Chapter Nine Hundred and Eighty First Preparation for the Second Phase of the Short Plan
The Wall Street giants are still at the stage of shorting the island nation's bonds to make a fortune, and Yang Chen's new plan has started again.
In the evening, Yang Chen sent a video conference request to the Wall Street giants.
After about half an hour, the CEOs gathered together.
The president of Goldman Sachs was attending a party. When the secretary said that Yang Chen wanted a video conference, he rushed back immediately.
There are other presidents who are also doing other things. When they heard that Yang Chen wanted a video conference, they all put aside their work and rushed back to the meeting.
Don't look at them rushing back one by one very tired, but everyone has a smile on their face.
If they can be so tired every day, they will be so happy every day.
Yang Chen said with a smile: "Everyone, I'm sorry for wasting everyone's time."
President of Goldman Sachs: "Haha... As long as there is a project to do, Mr. Yang can delay us like this every day. We are too happy to be happy."
President of Citigroup: "Haha... yes, yes, that's what it means. Mr. Yang, what are you talking about with us this time?"
Yang Chen: "The island country is seriously over-issuing currency. Now that the stock market and property market have risen sharply, we can plan the second phase of the short-selling plan."
As soon as they heard that there was a plan, the presidents immediately cheered up.
Yang Chen told everyone about the second short-selling plan in detail.
Now the stock market in the island country is rising, not because there is an upward momentum, it is simply because too much money has been issued, and the money has nowhere to go, it can only go into the stock market and the property market.
The real estate market of the island country has no investment value since the bubble burst in the last century, so this time they are not shorting the real estate market, but shorting the stock market of the island country.
We all know that for the stock market to rise, it must be backed by a strong economic foundation.
The stock market in the United States has risen for more than ten years at a stretch. What is the driving force?
The driving force is that they have caused trouble everywhere these years, plundered resources, and ensured the continued development of the country's economy.
Why do stock markets in other countries go up and down?
It is because there is not enough economic volume to support the unilateral rise of the stock market.
The performance in the market is to rise by a few hundred points, and then it will plummet.
The fundamental reason why the European stock market plummeted was that the European economy was hit hard, and the prices of energy commodities soared, which seriously hindered economic development.
Similarly, an island country that relies on imports for 90% of its energy and 60% of its food production is even worse than in Europe.
According to normal logic, the island stock market should continue to fall.
However, in the recent period, the stock market of the island country has been rising, which is very inconsistent with economic laws.
The reason is that the central bank of the island country issued too much currency to repurchase bonds before, resulting in too much island currency in the market.
That money rushed into the stock market, sending the broader market higher.
However, the excess currency cannot always push up the market. In the end, the market must return to rationality and match the economic situation of the island country.
Therefore, if you start shorting the stock market of the island country now, you will surely make a profit without losing money.
After listening to Yang Chen's detailed plan, the giants all laughed happily.
For them, as long as there is profit, they don't care what happens to the island.
President of Goldman Sachs: "Haha... Mr. Yang's plan is perfect, I think it can be done."
President of Citigroup: "As long as it is Mr. Yang's plan, it must be perfect. Shall we start now?"
Yang Chen: "Yes! The island country's stock market has been rising for many days, and the upward momentum brought about by the excessive issuance of currency has been exhausted, and it will soon be on a downward trajectory. We can do it now, and first exchange rice gold for the island country To lure part of the island country's currency into the international market, it can just accelerate the decline of their stock market."
Miyin Milin: "I have to say that Mr. Yang has a really thorough understanding of financial investment and economic laws. You understand all the connections between economic phenomena. That's why you can formulate such a detailed and perfect plan."
Yang Chen replied with a smile: "No way, my starting point is relatively low, so I can only rely on myself to constantly explore and learn,
Only by mastering the necessary knowledge and skills can you dare to do it and be successful. And you are different, you have a strong think tank as the backing, and you don't need to learn this knowledge by yourself. So, you don't need to understand, you just need to make a decision. "
The giants who said this were very happy, and everyone laughed.
After a meal of business bragging, Yang Chen began to discuss specific details with the giants.
For them, there is no risk in such a short-selling operation, and they all believe that they will definitely make money, and it is impossible to lose money.
This leads everyone to have the same idea, that is to take more shares.
Because taking more shares means that if you make money later, you can share more profits.
Anyway, it's a foolproof project, who wouldn't want to take more shares and pay more?
Yang Chen's attitude is still the same, as long as it is shorting the projects of the island country, he must take the lead.
In the end, when distributing profits, he will distribute a little less according to the actual situation, and it doesn't matter if he distributes more to everyone.
But in name, he must account for 30% of the shares or higher.
Last time, Yang Chen lost more than 200 million rice gold, and let the giants share it.
Therefore, this time they are also willing to continue to support Yang Chen.
President of Goldman Sachs: "Haha... yes, we will try our best to meet Mr. Yang's request."
President of Citigroup: "I have no objection either. I believe that Mr. Yang will definitely not let us suffer."
President Miyin Milin: "Everyone has no opinion, and I certainly have no opinion. Let's follow the share distribution last time, and save us from wasting time discussing such things."
The other presidents nodded in agreement, and the equity distribution ratio was finalized.
Yang Chen still monopolizes 30%, and the other giants distribute their shares according to their respective strengths, with a maximum of no more than 10% and a minimum of 4.9%.
After the equity division is complete, the action can begin.
After the stock market in the island country rose continuously, many investors in the island country and international investors poured into the stock market in the island country.
From the stock reviews of some island stockholders, we can guess why they are so optimistic about the island stock market.
"We have just been reaped some wealth by Yang Chen and Wall Street. The government will definitely get it back in the stock market. It will inevitably continue to raise the stock market to attract foreign investment, and then close the door to hunt down foreign capital and use the previously reaped wealth. Earn it back."
"The economy is in a mess, and the government definitely needs the stock market and property market to boost morale. There is no doubt that the stock market in our island country will continue to rise."
"The government has issued too much currency, and the money has no place to go, it can only go into the stock market. Therefore, the stock market in the island country will definitely outshine the others, continue to rise, and may even hit a record high. If you don't trade stocks at this time, it is tantamount to losing A chance to make a fortune." …
...
Shareholders in island countries have this kind of mentality, which is convenient for short selling and harvesting.
If they are all bearish and ready to run away at any time, it is really difficult to harvest them.
The Wall Street tycoons began to prepare rice gold, ready to exchange it into island currency and enter the island stock market...